- Joined
- Dec 10, 2011
- Messages
- 5,599
- Reaction score
- 2,707
Long term trends favor leisure markets.
Short term favors covid hotspot arbitrage
I can easily see that by winter, Florida will have subsided as they move back outdoors.
I was also reading about New Yorkers buying florida real estate so they can quarantine there this winter.
Long term, an unknown % of employer-paid travel is going to be replaced by video
Short term, a large % of employer-paid travel has been replaced by video
I'm not saying it is a direct replacement ("I'll zoom instead of going"), but clearly the world has changed for airlines, similar to how
* units of first class mail is down by half since 2000 (blame email & ebills)
* dollars of paper checks is down by half since 2000 (switch to cards & EFTs)
So I'm thinking the long-term trend for being there favors leisure or "bleisure" (today's word of the day)
Short term favors covid hotspot arbitrage
I can easily see that by winter, Florida will have subsided as they move back outdoors.
I was also reading about New Yorkers buying florida real estate so they can quarantine there this winter.
Long term, an unknown % of employer-paid travel is going to be replaced by video
Short term, a large % of employer-paid travel has been replaced by video
I'm not saying it is a direct replacement ("I'll zoom instead of going"), but clearly the world has changed for airlines, similar to how
* units of first class mail is down by half since 2000 (blame email & ebills)
* dollars of paper checks is down by half since 2000 (switch to cards & EFTs)
So I'm thinking the long-term trend for being there favors leisure or "bleisure" (today's word of the day)
Last edited: